VAT - to register or not

That's the one area where there may be some small businesses with significant amount of exempt supplies, however thay don't sell much to other businesses so are outside the original discussion I think.

... but zero rated is *not* the same as exempt.

I wouldn't say that I was particularly "large" !

How did you guess? ;-)

wrote

As with myself ...

wrote

I sell *solely* to other businesses.

wrote

Your first comment on the subject was a reply to one of *my* posts. Hence I must be very much *within* the original discussion - don't you think?! ;-)

What are you saying then, the tax point is always the invoice date?

You are saying I can move a sale into another period simplying by issuing the invoice late?

A retraction is as good as an apology, I'm expecting one from Nogood Boyo next.

"Troy Steadman" wrote

Isn't that exactly what some people used to do when getting close to high-rate tax status in the dreaded seventies??

"Troy Steadman" wrote

What for?

You took the words out of my mouth...

Aren't you familiar with the tax point rules..? If not, why do you post on the subject..?

I am saying that:

you are wrong when you say "the VAT point is generally the Invoice date but not ... in these circumstances"

your notion of adopting "The day he took delivery" because it's "better" is quaint but unsustainable.

I suppose I'd better quote chapter and verse... No, sod it. Here's the chapter, read the verse yourself.

ww2.hmce.gov.uk/forms/notices/700-a5-01.htm#P1099_84618 Notice 700 The VAT guide 14. Time of supply (tax point): introduction and general rules